Security· ★★★· bearish·

Limit Break on Ethereum Under Active Exploit, $1.7M in NFTs Stolen

  • —Exploit targets the Payment Processor V2 contract on Ethereum
  • —About $1.7 million in NFTs stolen across roughly three transactions
  • —Attacker buys approved NFTs at zero price using existing approvals
  • —Blockaid urges users to revoke approvals for Payment Processor V2 immediately
Why it matters: Anyone who approved Payment Processor V2 as an NFT operator is at risk and should revoke permissions now.
Source: PANews